KSH: earnings grew by 4.0 percent in May

Earnings grew by 4.0 per cent in May calculated without public workers, compared to a year before. The wage increase in the private sector was 4.1 percent and in the financial sector was 3.9 percent – the Central Statistical Office (KSH) reported on Friday by.

The datas show that the wage growth slowed slightly in May compared to the more than 6 percent that was measured in the first four months.

Because the tax rate has not changed since last year, the net and the gross earnings equally developed calculated without family allowances. (MTI)